Pete Anderson, executive vice president of investments for Illinois-based developer Becknell Industrial, confirmed the company has leased Becknell’s 175,000-square-foot spec, or speculative building, on 17.7 acres at 2781 New Cut Road at Wingo Park.

The company’s sign has been placed in front of the building and there appeared to be activity inside the facility this past week.

County Council documents revealed Grupo Antolin is the company seeking incentives under three economic development projects codenamed “Project Bobsled.”

Council is scheduled to render its second reading on the incentives at its Jan. 22 meeting, according to a tentative agenda.

Documents showed the projects amount to $50 million in new investment and the creation of at least 152 jobs.

A Grupo Antolin official could not be reached for comment.

Sources familiar with the expansion said the company is gearing up to better serve Spartanburg County-based BMW Manufacturing Co., as well as several other automotive assembly plants in the Southeast.

Spartanburg County officials declined to comment, stating that they can’t comment on projects that may or may not be in the pipeline.

According to Grupo Antolin’s website, the company has 149 production plants, 29 offices, and more than 26,000 employees in 26 countries, as well as annual sales of nearly $6.18 billion in 2016.

Site plans filed with the county showed Becknell will build another 140,000-square-foot spec building on 11.75 acres adjacent to Grupo Antolin’s site behind Odermath USA.